255 Main St

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 255 Main Street, a luxury apartment community that was recently delivered in the highly desirable neighborhood of Hyannis, Massachusetts. The property includes approximately 3,500 square feet of retail space on the first floor bringing additional convenience to life at 255 Main. Two (2) two-bedroom units and eight (8) 1-bedroom units are located on the second and third floors with additional secure storage and laundry in the basement. Cape Cod, Massachusetts is one of the most supply constrained locations in the country. 255 Main Street allows investors to expect little oncoming competition in the future. Concurrently, home prices on the Cape have grown to historical levels. The median home price in Barnstable County is over $1 million. The continuing affordability dilemma has made renting a much more affordable alternative in the region.